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Panama Canal congestion hits yearly high, prompting Jones Act waivers

Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic shipments even...

DHT Holdings, Inc. announces new $250 Million revolving credit facility

DHT Holdings, Inc. announced that it has entered into a new $250 million reducing revolving credit facility. The Facility has a seven-year tenor and bears...

DHT Holdings, Inc. announces VLCC newbuilding with Hanwha Ocean for delivery in August 2028

DHT Holdings, Inc. announced it has entered into an agreement with Hanwha Ocean Co., Ltd. for the construction of a new Very Large Crude...

SAFEEN Drydocks secures major vessel construction contracts valued at $354mln

SAFEEN Drydocks, a shipbuilding, repair and maintenance company, has secured two major vessel construction contracts valued at AED1.3 Billion (US$354 million) in total, marking...

BOURBON announces the appointment of Olivier Blaringhem as CEO

BOURBON announced the appointment of Olivier Blaringhem, as Chief Executive Officer, effective September 14, 2026. He is succeeding Gaël Bodénès, who held this position...

People, Planet Propel Posidonia 2026

The World's Maritime Leaders Converge at Posidonia 2026 as Shipping Confronts Its Defining Decade On the third day of Posidonia 2026, the world's most prestigious...

PPA: Dynamic presence at Posidonia 2026

At the opening ceremony of the prestigious “Posidonia 2026” international shipping exhibition, Prime Minister, Kyriakos Mitsotakis, Minister of Maritime Affairs and Insular Policy, Vassilis...

EU weighs expanding aspides mission to lead Hormuz mine-clearing effort

The European Union has proposed that the bloc’s Aspides naval mission take “the primary role” in clearing mines in the Strait of Hormuz “when...

Icon Energy Corp. provides commercial update

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, provides a...

Kpler announces strategic growth equity investment from Sixth Street

Kpler, a leading provider of global physical trade intelligence data and analytics, announced it has secured a minority strategic growth equity investment of over...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...